Mumbai, Feb 15 (PTI) Portfolio outstanding for commercial vehicle loans (CVL) stood at Rs 3,29,200 crore as of September 2021, a report by credit bureau CRIF High Mark showed.

As of September 2021, there were 65.9 lakh active loans for CVL, it added.

Also Read | Assam Police Constable Recruitment 2022: Apply for 441 Posts on slprbassam.in; Check Details Here.

Portfolio outstanding and active loans for small ticket commercial vehicle loans (SCVL < Rs 5 lakh) stood at Rs 65,800 crore and 37.4 lakh respectively, it said.

SCVL comprises 57 per cent share of CVL by volume and 20 per cent by value as of September 2021, it said.

Also Read | Puneri Paltan vs Tamil Thalaivas, PKL 2021-22 Live Streaming Online on Disney+ Hotstar: Watch Free Telecast of Pro Kabaddi League Season 8 on TV and Online.

SCVL portfolio grew by 9 per cent year-on-year by value and 16 per cent by volume, compared to 1.9 per cent (by value) and 10.6 per cent (by volume) for CVL.

The report said for commercial vehicle loans, portfolio at risk (PAR) 91-180 days past due (DPD) increased to 3.4 per cent as of September 2021 from 2.9 per cent as of March 2021.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)